Trader T

Oil Is Up Due to Fundamentals, Not Speculation

So China's consumption has increased 7.2% per year, and the reason NYMEX crude as increased over 100% is? That's right, speculation by the IB's and others. The market is not working.

Who's Really to Blame for Rising Oil?

Increase supply!
We need an intensive oil exploration and drilling effort off both coasts of the US, in the Gulf of Mexico, and Alaska. This effort needs to be as intensive as our program to put a man on the moon was.